Over the next ten years, AI is expected to become increasingly sophisticated and complex. Technical advancements in this field will likely focus on creating general intelligence that rivals or surpasses human capabilities.
Experts also suggest that AI could boost the value of the world economy by $15.7trillion by 2030, or more than the value of India and China's economies combined and up by a fifth compared to current levels.
In 2050, AI will transform the way we work automating routine tasks and enabling human workers to focus on more creative and strategic endeavors. AI powered tools will help professionals analyze large amounts of data identify trends and make better decisions.
Global artificial intelligence market size 2021-2030
According to Next Move Strategy Consulting the market for artificial intelligence (AI) is expected to show strong growth in the coming decade. Its value of nearly 100 billion U.S. dollars is expected to grow twentyfold by 2030, up to nearly two trillion U.S. dollars.
Goldman Sachs projects that AI will have a global economic impact of close to $7 trillion over the next 10 years.
In twenty years, nearly all data will become digitized, making it possible to use AI for decision-making and optimization. AI and automation will replace most blue-collar work and “make” products for minimal marginal cost. Robots and AI will take over the manufacturing, delivery, design and marketing of most goods.
By 2040, AI applications, in combination with other technologies, will benefit almost every aspect of life, including improved healthcare, safer and more efficient transportation, personalized education, improved software for everyday tasks, and increased agricultural crop yields.
But by 2050, AI will have 'profoundly' reshaped the world, Stakhov warns. He said: 'There is a dark AI future where those who control AI will gain huge power, while 99 percent of the population will be disenfranchised. The AI lords will control the world's data and turn the rest of us into their serfs.
The path to AGI will likely require unpredictable breakthroughs and innovations. The median predicted date for AGI on Metaculus, a well-regarded forecasting platform, is 2032. To me, this seems too optimistic. A 2022 expert survey estimated a 50% chance of us achieving human-level AI by 2059.
It's unlikely that a single AI system or application could become so powerful as to take over the world. While the potential risks of AI may seem distant and theoretical, the reality is that we are already experiencing the impact of intelligent machines in our daily lives.
In conclusion, the possibility of a superintelligent AI system becoming uncontrollable and dangerous cannot be ignored. The theoretical calculations presented in the study suggest that controlling such a system would be impossible, and an algorithm that can prevent it from harming humans cannot be developed.
AI can transform productivity, contribute $15.7 trillion to global economy by 2030: CAG Girish Chandra Murmu. "AI is expected to drive greater product variety, with increased personalisation, attractiveness and affordability over time."
A new study published yesterday in The Lancet journal has predicted that India, Nigeria, China and the United States (U.S.) will be dominant global powers by the year 2100. The publication's Editor-in-Chief, Dr. Richard Horton, said: “This research charts a future we need to be planning for urgently.
According to futurist and engineer Ray Kurzweil, artificial intelligence will achieve human-level capability by 2030. This will be decided when AI is capable of passing a legitimate Turing test.
A group of industry leaders warned on Tuesday that the artificial intelligence technology they were building might one day pose an existential threat to humanity and should be considered a societal risk on a par with pandemics and nuclear wars.
The AI can outsmart humans, finding solutions that fulfill a brief but in ways that misalign with the creator's intent. On a simulator, that doesn't matter. But in the real world, the outcomes could be a lot more insidious.
Currently, no AI system has been developed that can truly be considered sentient. The Singularity is a term that refers to a hypothetical future point in time when artificial intelligence will have surpassed human intelligence, leading to an acceleration in technological progress and a profound impact on humanity.
The model, called Mindy, provides a terrifying glimpse at what people could look like in 800 years if our love of technology continues. According to the company, humans in the year 3000 could have a hunched back, wide neck, clawed hand from texting and a second set of eyelids.
Heatwaves will be more frequent and long-lasting, causing droughts, global food shortages, migration, and increased spread of infectious diseases. Moreover, as the polar ice will melt, sea levels will rise substantially, affecting a large number of coastline cities and as many as 275 million of their inhabitants.
Artificial intelligence cannot replace human talent and creativity, it can only mimic the human brain. The algorithms designed for machine learning (ML) must be taught how to perform their assigned tasks. This requires a large number of human resources which will only continue to multiply in the near future.
AI can help us achieve our goals more efficiently and reduce human error. Artificial intelligence can help us automate tasks and processes that we would otherwise have to do manually. This can save us time and money, allowing us to focus on more important tasks.
The future of AI in fifty years…
Noted futurist Ray Kurzweil previously pegged the superintelligence tipping point at around 2045 – where machine (AI) become smarter than humans (singularity), although he predicts by 2029 AI will have human-like intelligence.
Artificial Intelligence, AI and technology are expected to displace around 85 million jobs by the year 2025. This finding comes from the latest Global Risks Report 2023 issued by the World Economic Forum. With the rise of AI tools, such as ChatGPT and more, many jobs are expected to be displaced.